The EUR/ GBP brace endured a decline, falling to the bottom of itsmulti-month range at 0.8380. This downcast movement followed a former uptrend on Thursday, October 3, driven by commentary from Bank of England Governor Andrew Bailey. The brace's...
Morning Star Chart Pattern The Morning Star is a bullish reversal pattern that typically forms at the bottom of a downtrend, signaling a potential shift in market sentiment from bearish to bullish. It consists of three candlesticks: First Candle: A...
GBPCHF pair which is consolidating around the EMA 50, it appears to be between the pivot point (PP) 0.9408 and the resistance (R1) 1.1130. If the price will continue the downward rally in accordance with the bearish trend, it needs to pass the pivot...
Soothsaying and assaying the instrument/ currency brace using Heikin Ashi candlesticks and TMA and RSI pointers shows that at the moment there's an occasion to make a trading plan in the direction of purchases. Heikin Ashi candlesticks, which...
In the dynamic world of Forex trading, many of us face the inevitable experience of loss. When we encounter significant losses, it’s common to be flooded with feelings of resentment and frustration. This emotional turmoil can create a mindset where...